WalletConnect Season 1 airdrop starts

In September this year, WalletConnect, a Web3 communication protocol that connects cryptocurrency wallets to decentralized applications (dApps), announced the launch of its native token $WCT (Connect Token) on the Optimism mainnet and plans to conduct a Season 1 $WCT token airdrop for active users.

WalletConnect announced that $WCT is key to the WalletConnect network economy and governance structure, with an initial supply of 1 billion tokens, of which 18.5% (185 million tokens) will be allocated to multiple airdrop seasons to reward contributors and user participation.

It should be noted that once the $WCT tokens are obtained, they will be in a 'non-tradable' status. Future token transfer functionality will be determined by community governance, and before all functions are activated in 2025, $WCT cannot be transferred between any wallets. Currently, the main uses are: 'community governance voting' and 'staking'.

Those who have used it, come check it out

The WCT airdrop registration will officially open on September 24, initially scheduled for early October, and after experiencing delays, the official announcement today (November 27) confirmed that the tokens are ready to go live, and users can check their airdrop eligibility and claim.

WalletConnect 官方推文Image source: X WalletConnect official tweet

Regarding airdrop eligibility, the official plan is to distribute to early users and contributors. Any user who has used WalletConnect to connect their wallet to an application may qualify for the WCT airdrop (including scanning a QR code or using the 'Connect via WalletConnect' button).

WalletConnect airdrop inquiry link

The inquiry method is very simple. After clicking the link above to go to the airdrop page, connect your wallet and ensure it is on the OP chain, then click 'Check Eligibility' in the lower left corner to check.

WalletConnect 空投頁面Image source: X WalletConnect airdrop page

Currently, some users have reported that they have either used WalletConnect or are using it, but upon checking, they do not meet the eligibility criteria. If this occurs, it may be because they did not complete the airdrop registration and wallet connection within the official opening period for the first season airdrop.

In response, the official also stated that there is no need to worry too much, as there will be multiple quarters of airdrops in the future. Just continue to actively use WalletConnect services or actively participate in building, and remember to pay attention to the registration time for the second season airdrop to receive the next airdrop.

[Disclaimer] The market has risks, and investment should be cautious. Analyst opinions are for reference only, and users should consider a more diverse set of indicators to assess whether to invest, and whether any opinions, perspectives, or conclusions in this article fit their specific circumstances. Invest at your own risk.

'Useful information, come check it out! WalletConnect opens airdrop quantity inquiry, quickly do 1 step to receive money' This article was first published in 'Crypto City'.